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    1225 Rte Princeton, NJ 08540

    For Lease
    Contact for pricing

    Prime Retail Space, Somerset County, NJ.

    Lot size:
    91,571 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents 91,571 square feet of prime shopping center space in the heart of the Montgomery market, conveniently located near Princeton. The property boasts excellent visibility and accessibility with 712 feet of frontage on Route 206, ensuring high traffic volume and strong brand exposure. Currently, there is one available space totaling 2,850 square feet, perfect for a variety of retail uses. The center is a multi-tenant property, offering a vibrant and established retail environment. This is an ideal location for businesses seeking to capitalize on the strong demographics and high consumer traffic of this thriving area. The property is situated in Somerset County, New Jersey, providing easy access to major transportation routes and a diverse customer base. With its strategic location and ample space, this shopping center presents a compelling investment opportunity for businesses looking to establish or expand their presence in a high-demand market. The existing infrastructure is well-maintained, and the property offers significant potential for growth and profitability. Don't miss this chance to secure a prime retail space in a highly sought-after location. Contact us today to schedule a viewing and learn more about this exceptional opportunity. The total building size is 91,571 square feet.

    Property Features for 1225 Rte

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,571 SF

    Unit(s) available at that property

    Space
    Suite 8
    Size
    2,850 SF

    HighLights

    • Retail shopping center totaling 91,571 square feet.
    • Currently 2,850 square feet of vacant space available for lease.
    • Located in Somerset County.
    • Situated in the heart of the Montgomery market, near Princeton.
    • Features 712 feet of frontage on Route 206.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Princeton
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6483951
    Latitude
    40.4009816

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, Somerset County, NJ.
    Where is this lifestyle center located?
    The property is located at 1225 Rte Princeton, NJ.
    What are key features of this property?
    This property features: Retail shopping center totaling 91,571 square feet.; Currently 2,850 square feet of vacant space available for lease.; Located in Somerset County.
    Request Owner's contact information
    1225 Rte Princeton, NJ 08540
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    Princeton, NJ 08540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1225 Rte Princeton, NJ 08540
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